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Property Q&A in Anaheim : Real Estate Advice

  • All267
  • Local Info19
  • Home Buying123
  • Home Selling9
  • Market Conditions2

Activity 2
Tue Feb 3, 2009
Viviana Katz answered:
If you were not notified by the bank to vacate by auction, then the notification is in the hands of the new owner after closing, but they should still have to notify you in writing to vacate or to sign a lease with them. It's best for both sides to sign a new lease, even if for the remainder of the term.

Perhaps you can negotiate yourself a rent reduction, if the house is in good repair due to your diligence, since they probably paid substantially less than your previous landlord. Consider yourself lucky that you still have a roof over your head, many lenders just bounced people out without negotiations or discussion.
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Wed Nov 19, 2008
Dallas Texas answered:
There is no standard % for a discount, buyers agent you work with should investigate all the details regarding the property determine what is in your best interest. In some instance if the property has enough equity better go over the list price therefore you secure the winning bid. Banks will take bidding offers ... more
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